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Ellomay Capital Ltd. Announces Entry Into Project Finance Agreements in an Aggregate Amount of Approximately Euro 177 Million in Connection With the Talasol Project

TEL AVIV, Israel: Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) (“Ellomay” or the “Company“), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that Talasol Solar S.L.U., its indirect wholly-owned subsidiary (“Talasol“) entered into a set of agreements governing the procurement of financing in the aggregate amount of […]

Curtain falls on COP24 in Poland: African Development Bank more resolute than ever to fight against climate change in Africa

The curtain has fallen on COP24, this year’s global climate summit held in Katowice, Poland. However, negotiations continued throughout the weekend to reach agreement on specific parts of the ‘rulebook’ to be applied  from 2020 by the 197 signatories of the Paris Agreement, to limit global warming to 2°C-1.5°C relative to pre-industrial levels. Intense negotiations,  modest progress, […]

GE Connects Financing and Turbine Technology to its Flagship Onshore Wind Project in Sub-Sahara Africa

GE’s flagship onshore wind project in Sub-Sahara Africa — 60 1.7-103 units GE EFS and Renewable Energy partner to deliver 100MW wind power project in Kenya Kipeto will produce enough electricity to power the equivalent of 40,000 homes NAIROBI, KENYA: GE Renewable Energy and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and […]

Greenlight Planet Powers More Than Two Million Lives, Emerges as the Leading Off-grid Solar Provider in Nigeria

LAGOS, Nigeria: Greenlight Planet, a global leader in solar home energy products, has successfully delivered clean energy access to more than two million individuals in Nigeria. On a mission to power the lives of the underserved, Greenlight Planet began distributing Sun King[TM] products in the country in 2011. The company has focused on rapid innovation […]

Ministry of Investment and International Cooperation: Agreements Worth $3.5 Billion Signed on the Margins of the Africa 2018 Forum

Agreements will invest in infrastructure, foster entrepreneurship and develop Egypt’s private sector CAIRO: Following the successful implementation of its economic reform programme, Egypt signed agreements worth $1.9 billion on the side-lines of the Africa 2018 Forum in Sharm El Sheikh, Egypt. This is in addition to a number of other key agreements worth $1.6 billion […]

FMO and Symbiotics provide $32.5 mln to support ZOLA’s Tanzania operations

FMO, the Dutch development bank and Symbiotics, an investment firm focused on emerging, sustainable and inclusive finance, has provided a $32.5 million facility to back ZOLA Electric‘s Tanzania operations for the next five years. The capital infusion will be used for growth. FMO was the lead arranger on the financing package. Amsterdam, Netherlands: ZOLA Electric(“ZOLA”), […]